Why Use Our Currency Converter?
Real-Time Rates
Get live exchange rates updated every minute from reliable financial data sources
Fee-Adjusted Results
See exactly what you'll receive after PayPal, Wise, or bank transfer fees are deducted
160+ Currencies
Convert between all major and minor currencies from around the world
100% Private
All calculations happen in your browser - no data stored or tracked
Mobile Optimized
Works perfectly on all devices - calculate rates anywhere, anytime
Instant Results
Get conversion results immediately with no waiting or page reloads
How to Use the Currency Converter
Enter Amount & Select Currencies
Input the amount you're receiving and select your source and destination currencies
Enable Fee Buffer (Optional)
Toggle on fee calculation and select your payment method to see realistic amounts
Click Convert
Hit the convert button to see both mid-market and actual received amounts
Compare & Plan
Use the comparison info to make informed decisions about your payments
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Frequently Asked Questions
Our converter uses real-time data from reliable financial APIs, updated every minute. The rates shown are mid-market rates, which represent the true exchange rate between currencies. However, the actual rate you receive from payment processors may vary slightly based on their markup.
Fee buffer accounts for the fees charged by payment processors like PayPal, Wise, or banks when you receive international payments. By enabling this feature, you can see exactly how much money will actually land in your account after fees are deducted, helping you quote accurate rates to clients.
Use PayPal (3%) for PayPal transfers, Wise (0.5%) for Wise/TransferWise payments, or Bank Transfer (2%) for direct wire transfers. If your payment processor charges a different rate, use the custom option to enter the exact percentage. Check your processor's fee schedule for accurate information.
Yes, absolutely! This currency converter is completely free to use with no limits. We don't collect any personal data, and all calculations happen directly in your browser. It's a tool built by Freelancea to help freelancers and contractors make informed decisions about international payments.
Yes, this tool is perfect for freelancers, contractors, and small businesses receiving international payments. However, for large business transactions, we recommend consulting with your payment processor or financial advisor for the most accurate rates and fee structures specific to your situation.
Freelancea charges only 7% platform fee with no hidden charges, and offers multi-currency payouts with competitive exchange rates. Unlike traditional payment processors that can charge 3-5% in fees, Freelancea's integrated payment system helps you keep more of your earnings while providing secure, milestone-based payments.
Understanding Currency Conversion for Freelancers
As a freelancer or contractor working with international clients, understanding currency conversion is crucial for accurate pricing and maximizing your earnings. Most generic currency converters show the mid-market exchange rate, which is the true rate between two currencies without any markup. However, this isn't the rate you'll actually receive when money lands in your bank account.
The Hidden Cost of International Payments
Payment processors like PayPal, banks, and wire transfer services add their own fees and exchange rate markups to international transactions. PayPal typically charges around 3% in conversion fees, while traditional banks can charge 2-4% or more. Even modern services like Wise, which offers more competitive rates, still charge approximately 0.5% for currency conversion. These fees can significantly impact your actual earnings, especially on larger projects.
Why Fee-Adjusted Conversion Matters
When you quote a rate to a client, you need to account for these fees to ensure you're actually earning what you expect. For example, if a client pays you $1,000 USD and you're converting to INR at a rate of 83, the mid-market conversion would be 83,000 INR. However, if you're receiving this payment through PayPal with their 3% fee, you'll actually receive approximately 80,510 INR - a difference of 2,490 INR that comes directly out of your earnings.
Making Informed Decisions
Our currency converter with fee buffer helps you make informed decisions by showing both the mid-market rate and the actual amount you'll receive after fees. This transparency allows you to adjust your rates accordingly, choose the most cost-effective payment method, and avoid unpleasant surprises when payments arrive. Understanding these differences is essential for sustainable freelancing and proper financial planning.
Choosing the Right Payment Method
Different payment methods offer different fee structures. Wise typically offers the lowest fees for international transfers, making it popular among freelancers. PayPal provides convenience and buyer protection but at a higher cost. Direct bank transfers (wire transfers) fall somewhere in between. By using this converter to compare the actual amounts you'll receive through different methods, you can choose the option that maximizes your earnings while meeting your client's payment preferences.